I have a 401k contribution question. Is it a good strategy to put 5% of my paycheck in a traditional 401k, and another 5% of my paycheck in a Roth 401k? Accenture matches up to 6%. (Cont.)

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Most important is to get the Accenture match, which it sounds like you’re doing.

Given that it sounds like you are relatively early on in your career (Analyst) and your income (and marginal tax rate) will increase over time, overweighting the Roth is a good idea.

One note - don’t try to overthink future tax structures and try to base decisions today on some hypothetical future.

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Not sure if I should go all in with contributions on one vs the other, or split contributions like I am now. I don’t know what the tax structure will look like 30 years from now when I retire, so I have concerns with a traditional 401k. But on the other hand, the Roth 401k won’t grow as fast as a traditional 401k.

Edit/ I read your initial post as a IRA question

Or even better if you can do 6k 401k 6k roth ira and then do 50/50 roth traditional 401k

Also if you’re planning to put less than 6% in the 401, confirm they will match Roth contributions before you lock anything. My shop does not.

Can confirm Accenture matches the same on either 401k - traditional or Roth.

Roth 401k wont grow as fast as traditional 401k? I think you are missing something. If you have the same investments in each account, they will grow exactly the same. The only difference is with roth 401k everything will grow tax free.

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